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20130228
Search Results 0 to 15 of about 16 (some duplicates have been removed)
a renaissance may be at hand for the u.s. economy? find out right now on "your money." >>> despite a recession in europe, major mergers in the united states show evidence that business is picking up. america could be on the road to prosperity if not for our politicians standing on the way. i'm ali velshi. this is "your money." there's ap economic storm hovering just off our shores. the headwinds are gathering strength as our elected official once again seem prepared to take the american economy to the brink of destruction. this time over a march 1st deadline for the across-the-board government cuts known as the sequester. >> this is not a game. this is reality. >> i don't like the sequester. it's taking a meat axe to our government. >> these steps would seriously damage the fragile american economy. >> still fragile enough that four years after the recession the u.s. economy actually shrank in the last three months of 2012. the storm clouds were ready to blow away and washington basically called them back. >> i think we're all aware that we have some urgent business to do. >> if not for indeci
economy. >> still fragile enough that four years after the recession the u.s. economy actually shrank in the last three months of 2012. the storm clouds were ready to blow away and washington basically called them back. >> i think we're all aware that we have some urgent business to do. >> if not for indecisive, uncompromising, and polarizing politicians, america's economy could take off again. >> we are producing more energy and america can become an energy exporter. >> we're in the midst of an energy boom and it's lowering the price of electricity and bringing manufacturing back to america. a housing boom fueled by the lowest interest rates in history. and 35 months of private sector job creation. america's future could be great. >> i'd like to focus on what lies beyond the fiscal debate. >> i'd like to, too. but that's not possible the with a sequester deadline about to descend on the american economy. when will washington's small thinking about big problems end? if this week is any indication, the dysfunction won't end any time soon. earlier this week we learned the euro area expe
that this is a stupid way to cut budgets. this is dumb. we shouldn't be playing baseball involving the the u.s. economy and most of us living in that sphere, political baseball, on this level. this is just again a repeated mistake of how dysfunctional our government is rather than functional. going towards door three would not only show our government is functional but would show the world we can lead in this arena rather than lag. >> michael, you like door number one, the sequester, the forced budget cuts as they stand, alice and diane prefer door number three, which is simpson/bowles version 2.0. stay where you are. coming up what if i told you there's another possible, a mystery door number four? ♪ ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. [ jen garner ] what skincare brand is so effective... so trusted... so clinically proven dermatologists recommend it twice as much as any other brand? neutrogena®. recommended by dermatologists 2 times more than any other brand. now that's beautiful. neutrogena®.
paychecks and on may 18th, the current debt ceiling suspension ends. with no deal even the threat of the u.s. defaulting could again result in the downgrade of america's credit rating. the consequences for you could be dire. your borrowing costs would likely rise along with your taxes. you could expect cuts to the programs and government services you rely on. jon king is cnn's national correspondent. jon, president obama says he wants a big deal on budgets and debt. he won the battle for public opinion. he won a second term while congressional approval continues to be super low. is there something more he could be doing to end the small thinking about big problems that has become the norm in our nation's capital? >> he still wants the grand bargain he's been talking about for several years. this past week he came out and said we need another temporary fix. the term sequester is essentially a fancy word for the president and congress not doing their jobs. you laid it out pretty clearly. the president is late submitting his own budget. so he's part of the problem, too. but he does have the upp
and a goat named moose. but next, bill gates says u.s. immigration policy does not make sense. find out what america's richest man means from immigration reform. "your money" starts right now. >>> more jobs in january, a bull run on wall street and a rebound in housing, all that should signal economic recovery is on the way. but with washington dysfunction standing in the way, is that a safe bet for you and your money? i'm christine romans and this is "your money." ali velshi is off this week. the economy looks like it's ready to take off, 157,000 new jobs added in january. the unemployment rate rising slightly to 7.9% from 7.8%. there's room for improvement. but it continues a trend. now 28 months strong. a trend of more jobs added every month. stocks are soaring with the s&p 500 a good example of what americans are holding in their 401st and i.r.a.s crossing the 1,500 threshold since 2008. and housing that helped fuel that recession, it looks like it's making a comeback. 2012 was the best year in real estate for five years. home prices jumped 5.5% year over year in november. that's the big
. in fact we spend about 1% of the world's energy just making fertilizer for corn in the u.s. if that corn could take the nigtrogeghtrogen out of the air it like beans do, then we wouldn't have to fertilize corn. another important problem, we don't have enough drugs for diseases. we see these multidrug-resistant microbes popping up in hospitals and it's kind of scary. we need better drugs, i think this is an area where synthetic biology can really help. if you look around this room, nearly everything that we're in contact with is derived from petroleum. the carpet on the floor, the paint on the walls, the ceiling tiles, they all come from petroleum we have the potential to produce all of these products from sugar. so it could open up an entirely new avenue for agriculture, it could open up an environmentally-friendly way to produce all of these products that we use on a day-to-day basis. >> is that part of what drives you? do you look at the world just differently as a result of knowing how sugar could be substituted for these petroleum-based products? >> i don't know if i look at the worl
, this is dumb and we shouldn't be playing baseball with the ball being the u.s. economy and most of us living in that sphere, political baseball on this level. this is just again a repeated mistake of how dysfunctional our government is rather than functional. and going towards door number three, would not only show our government is functional, but show that the world that we can lead in this ana rather than lag. >> so michael, you like door number one, the sequester. the forced budget cuts, alice and diane prefer door number three, which is simpson-bowles version 2.0. what if i told you there's another possibility? a mystery door number four. what might that look like? we'll look at it when we come back. why turbo? trust us. it's just better to be in front. the sonata turbo. from hyundai. to fly home for the big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the venture card because you can fly any airline anytime. two words. double miles! this guy can act. wanna play dodge rock? oh, you guys! and with double miles you can actually use, you never m
. it has huge ramifications for the u.s. economy. that's why the richest man in america has something to say on this subject. this week i sat down with bill gates. he said america is throwing away talent by kicking educated immigrants who create jobs for the rest of us out of the country. >> the united states has benefitted from the fact that capable people whether you call that smart or whatever word you use have wanted to come to the united states. so whether it's south america, asia, europe, we have been a magnet for talent. that's partly why with higher defense budget, medical budget why we can continue to be such an exemplar. partly why our universities are so strong. yet our immigration system makes it very hard for those people to come in. so, you know, if somebody is being offered a job here for over $100,000. there's other jobs created around that job. you don't want to discourage a company from having to put that job -- >> do we discourage them? >> absolutely. >> how? >> you can be a student at uc berkeley and get this wonderful education, microsoft offers use a job for over
all the way to connecticut to help restore power. and you can't drive around because? >> u.s. 1 is totally closed. there's nothing -- it's just like a dead end right there. >> and the traffic on 95, is that hampering everything? >> we have 50 more miles to go and we just at a dead stop. we've been here two hours. >> are you so frustrated with the notion these are people who shouldn't be on the road? >> like this right here. >> look out. show what we're looking at. see this? this is the reason. kevin and his crew members can't get to where they need to go to restore power, because people like this have two-wheel drive are making it -- what are you going to do? >> we've pulled out six or seven dars in the middle of the road because we were pulled over and they were stuck in the median. and just so we can get our trucks arnold. >> and you're from florida. >> yes, ma'am. this is a culture shock to me. >> do you know how to drive this kind of stuff? >> we try. we leave enough room. that's for sure. >> kevin is dressed like he's in florida. so i want you to get back inside and get som
Search Results 0 to 15 of about 16 (some duplicates have been removed)